Adyen, one of Europe's biggest fintech companies, has taken a pan-European banking licence that allows it to bypass banks and process cross-border payments directly for its merchant customers, including many of the world's top ecommerce firms.
..........

The company, which handles international payments for eight of the top 10 global ecommerce giants including Airbnb, Booking.com, Spotify and Facebook, began seeking bank licences in other jurisdictions six years ago, van der Does said. It also handles international payments for a large number of airlines and a growing number of retailers with global operations.

In Brazil, Adyen is already licensed as a local payments institution. It is pursuing licences in the United States and other parts of Latin America and Asia.